Press release content from Business Wire. The AP news staff was not involved in its creation.
Dune Real Estate Partners Announces Promotions
January 29, 2021 GMT
NEW YORK (BUSINESS WIRE) Jan 29, 2021
Dune Real Estate Partners LP (“Dune”), a leading New York-based real estate investment firm, today announced a series of five promotions across the organization:
Brad Caracausa was promoted to
Managing Director in acquisitions and has joined the Investment Committee;
Chad Redding was promoted to
Director in acquisitions;
Vice President in acquisitions;
Manager – Portfolio Analytics in the finance and accounting group; and
Meher Desai was promoted to
Fund Controller in the finance and accounting group.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
CIT Provides $42.5 Million in Financing for St. Louis Apartment Project
January 12, 2021 GMT
(PRNewsfoto/CIT Group Inc.)
NEW YORK, Jan. 12, 2021 /PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided $42.5 million in financing for the construction of the new Terra At the Grove Apartment project in St. Louis, Missouri.
The four-story structure, to be built by St. Louis-based developer Green Street, is the first project in St. Louis to pursue FitWell Certification and is designed as a mixed-use project that will feature more than 300 residential units as well as ground-floor retail space and associated parking. Planned amenities include a large courtyard, outdoor pool, walking and running paths, business center, club and movie rooms and more.
Detroit firm buys Riverplace office complex in Minneapolis Sale and future renovations involve four Main Street buildings on banks of Mississippi River December 28, 2020 4:01pm Text size Copy shortlink:
Terms were not disclosed.
The purchase includes four buildings that sit on four acres right on the Mississippi River and across from downtown Minneapolis
The transaction was completed Dec. 22 by private equity firm Crestlight Capital of Detroit and its partner, the investment firm Harbert U.S. Real Estate Fund VII of Birmingham, Ala.
The deal, which does not include neighboring residential towers, encompasses the East Bridge office building at 10 NE. 2nd Street and the three office buildings on Main Street that sit just south of Hennepin Avenue. Those include 1 SE. Main Street; the Brown Ryan Building at 25 SE. Main Street and the glass roofed Expo Hall at 43 SE. Main Street.